Sunday, April 25, 2010

A MONDAY MARKET







Hi Friends,
Straight away, we get into the forecast[levels of Nifty Futures]

DAY TRADING STRATEGY OF NIFTY FUTURES (APRIL 26 )
See Nifty kissing 5339 in a Gap up opening or normal opening.
If cuts 5340 with volumes intraday spurt upto 5363
If not…..
Intraday slide (atleast) upto 5267-55 is possible after breaking 5288


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KNOW YOUR BUSINESS JARGON (Continued…)
(Presented in an alphabetical order)

TODAY’S LESSON

81) AUTHORIZED SHARE CAPITAL: The maximum number of shares that a company may issue stated in the memorandum and articles of association of the company. A company may initially issue a fewer shares. The authorized capital can be increased with the consent both of the shareholders and the controller of capital issues.

82) AUTOMATED SCREEN TRADING: Electronic trading in stocks through visual display units. The associated computer unit enters, matches and executes deals. It makes possible a floor less exchange and brings transparency to deals

83) AVERAGE: Properly weighted and adjusted arithmetic mean of certain significant shares to represent general market behaviour, or a particular class of shares.

84) AVERAGING: Buying a share at different times, in different quantities, at different prices, so that an advantageous average price is obtained.

85) AVERAGING IN/AVERAGING OUT: Buying or selling at different prices in order to buildup or liquidate a substantial holding over a long period.

86) AWAY FROM THE MARKET: When a limit order to buy is lower than the current market price, or a limit order to sell is above the current market price, it is away from the market. The broker may hold such an order for a period of time, but if within this period he can’t fill it, he kills it
(To be contd…)


TODAY’S QUOTE

Realism and art cannot live together.
-JENNETTE LEE, The Ibsen Secret

We try to tag along (or bear in mind)
TODAY’S QUOTES in day-to-day life, in our business united with our own innovative thoughts.





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